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Questions

Damp problem in South Tyneside flats built on watercourses

29th November 2012

I have a few flats in South Tyneside, some of which are known to have been built on watercourses and have a damp problem ….  the phrase “I wish I’d know that when I bought it”, springs to mind. One in particular in South Shields is giving me problems with damp, furry clothes and mould […]

BMV Property Deal Gone Wrong

BMV property deal gone wrong – what would you do?

29th November 2012

Alex has written in to ask other landlords what they would do if faced with a similar scenario of a BMV deal gone wrong. BMV means “Below Market value” by the way, just in case you didn’t know. “I purchased a 2 bed flat (67 years left on the Lease) which was repossessed. I purchased for £80,000 […]

Landlords Stories - The Angel Fish Saga

Landlords Stories – The Angel Fish Saga

29th November 2012

We like landlords stories here at Property118 – Thanks for sharing this fishy tale of a tenant who flooded a property goes to landlord Craig Green Chris told us:- “We have a converted Victorian town hose on three floors and a basement, converted to flats in the 1930s.  We started as tenants in the top […]

Questions

Sale of investment properties – is there a specialist portal?

27th November 2012

I have a number of investment properties in central London and I am contemplating selling some. There doesn’t seem to be any central portal (like Rightmove etc) for the sale of investment properties and the local agents that I have spoken to don’t seem to have much of a grasp,of this market. Given the number […]

I’m evicting tenants but I want to help them

27th November 2012

I may be the softest landlord on the planet but I am concerned about the well-being of 2 of my tenants who I have to finally evict.  They have lived in the house for many years but are seriously in arrears and don’t seem to have the ability to help themselves.  I have even enlisted Christians […]

Fee Free Online Letting Agent

Winter Letting Tips for Landlords

27th November 2012

The following guide provides a run-down of the areas of a home that are most at risk of being damaged in winter and acts as a handy checklist of Winter Letting Tips for landlords who needs to prepare a home for letting during this time.

Buy to Let Deals in Northampton

27th November 2012

What’s so special about Buy to Let deals in Northampton you might ask. Decent buy to let deals in Northampton are typically priced between £70,000 and £125,000, offering sensible yields of 6% to 10% and good properties are in constant high demand from tenants. A few years ago my family decided to spread our risks as all […]

Cannabis plant in a hadn

How to avoid cannabis factories

27th November 2012

As promised, following my last article, I wanted to give you some tips on how to avoid cannabis factories. A cannabis factory is simply changing part or all of a home to grow cannabis plants. Plants are kept in potting tubs, set out in rows, requiring lots of artificial sunlight to grow. Given that one […]

Commercial Finance Blog

The Untapped Abundance of Commercial Lending Facilities

27th November 2012

In my last blog about Commercial Lending Facilities I talked about my recent experience at the National Association of Commercial Finance brokers 20th Anniversary Celebrations. I know for sure that many people will be shocked at my revelations that there are over 30 lenders currently providing property development finance and more so that the majority of them […]

Readers Question

How can I be liable for my tenants Council Tax?

26th November 2012

Hello all I am a subscriber of Property118 but cannot find the correct page to ask my fellow readers about a dilemma……… Last year I privately rented my house to a tenant.  He put his name down as a single tenant and paid his council tax as normal. 

Readers Questions

Aged mid 70’s what should they buy? Or should they rent?

25th November 2012

Mike Davey sent me the email below which has really got me thinking. Please have a read and share your thoughts in the comments section below the article. Hi Mark, I’m not sure if this is right for you or your forum, but here goes….. I would like to ask for some advice from you and […]

Readers Question

Bullied over fence repairing responsibilities – READERS QUESTION

25th November 2012

I own the left hand half of a semi detached property. In the row all right hand properties own the right hand fence, the middle fence is jointly owned and the left hand fence is then the right hand fence of the next property if you see what I mean. All ownerships are clearly marked […]

NACFB Logo

NACFB Celebrates 20 years of Professional Commercial Finance Broking

25th November 2012

On Friday 23rd November 2012 I was honoured to be invited to attend the 20 year anniversary of the National Association of Commercial Finance Brokers “NACFB” as a VIP guest. This article is to be the first in a series of blogs talking about the commercial finance industry, in particular my personal perceptions of commercial […]

My Tenant Has Died

My Tenant Has Died – UPDATE

23rd November 2012

You may recall that I wrote an article back in April of this year called “My tenant has died“. That was the first experience I’d had of that nature so this article will is to bring you up to speed with what’s happened since. I had purchased the property about six years ago, it was […]

Tenant being held on remand – what should I do?

23rd November 2012

We have received a cry for help from Julie Dawson. Her tenant is being held on remand and the Police have caused damage to the property through forced entry. Below is the email we received from Julie, what would you advise?

Alexander Plumbing and Heating Services Wirral

Winter Tip for Landlords and Tenants

21st November 2012

This winter tip for landlords and tenants was shared with me by my cousin, David Alexander of Alexander Plumbing and Heating Services based in the Wirral. Potential problem: When we have very cold spell and you have heating on in your property remember that if you have installed new loft insulation any tanks in the […]

Live in landlords getting to grips with insurance issues

21st November 2012

Hot News for “Live in Landlords” If you’re renting out rooms in your own home, you’re technically a landlord, according to the government, and your responsibilities are similar to, if not quite as onerous as those of a landlord with a major property portfolio. You need to ensure that the space you provide to your […]

Rent A Room – Students turn “live in landlords” and take in lodgers

20th November 2012

We recently published details of how students can now obtain 100% financing to buy a property and rent a room or two to offset the costs of ownership. When it comes to renting spare rooms to lodgers, one website immediately sprung to mind – SpareRoom.co.uk I spoke to Sam Cowen, Head of Marketing at SpareRoom this […]

Jill Wheeler - Conveyancer

Excellent Conveyancing Job – from a landlords perspective

20th November 2012

I like to share my experiences, especially when something good comes from a difficult situation. With this in mind I’d like to share with you my experience and opinion of what constitutes an excellent Conveyancing job. You may recall that I wrote an article back in April 2012 called “My tenant has died“. That was […]